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US company releases $12 million in income tax reserves

April 21, 2010

Relying on the March 22 2010 decision in the Xilinx litigation case, Altera Corporation, a leader in reprogrammable logic devices, is confident it will not face the level of corporate tax it was expecting.

In the company’s first quarter 2010 earnings call, Scott Wylie, vice president of investor relations for the company said:

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